Prepare journal entries in general journal format to record the following transactions for the 2021 fiscal year for the City of Bransons General Fund (Subsidiary detail may be omitted.).

1. The budget prepared for the fiscal year included estimated revenues of $11,096,000, appropriations of $10,772,000, estimated other financing uses of $200,000 and estimated other financing sources of $40,000.

2. Purchase orders in the amount of $3,724,000 were mailed to vendors.

3. The current years gross property tax levy of $8,020,000 was recorded; uncollectibles taxes were estimated to be 2% of the tax levy.

4. Collections of delinquent taxes from prior years levies totaled $528,000; collections of

the current years levy totaled $5,836,000.

5. Invoices were received and approved for payment for items ordered in documents recorded as encumbrances in transaction (2) of this problem. The estimated liability was $3,404,800. Actual costs were $3,410,000.

6. Revenue other than taxes collected during the year consisted of licenses and permits,

$1492,000; intergovernmental revenue, $800,000; and $264,000 of miscellaneous revenues.

7. Property taxes of $3,600 and related interest and penalties of $850 were written off because of an inability to locate property owners